HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
392 sq m
FAR sanctioned
2.18
Covered area
211 sq m
Open area
181 sq m

Timeline

Project startedMar 2021
RERA registeredFeb 2022
Proposed completionDec 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Dr Varsha Laxman Jambagi

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2022–2023Active
Timelineevery project, start → promised completion
JAMBAGI SQUARE

JAMBAGI SQUARE

this project
Mixed Development
Mar 2021started
Dec 2023target completion
₹3.14 Cr

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Belagavi
District
Belagavi
Pincode
590016
Address
CTS NO 6526 corresponding to Plot No. 1764, Anjaneya Nagar Sector No 10, M.M.Extn
What’s nearby
SchoolsNearest school 1.1km away · College or university 1.0km away
HealthcareHospital 280m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 182m away · ATM within 500m
Getting around
Expressway 1.2 kmPrimary road 170 mRailway line 1.5 kmRailway station 4.2km away (Sambre)Limited bus connectivity nearby
Water & environment
Water body 1.8 km · Kote Kere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.14 Cr declared. What that works out to:

30%of the cost is land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Karnataka · Approved building plan

Commissioner, City Corporation, Belagavi

Municipal / Corporation
Building Permit

The promised possession date (31 Dec 2023) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects — 2.4% of Karnataka.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% apartments here vs 62% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.